SOLD
Faruque Sikder Acquires Multifamily Property In Burbank For $4.62M
718 South 5th Street
MultiFamily
10,998 SF
10,998 SF
Summary
Sale
CALIFORNIA
MultiFamily
10,998 sqft
Located at 718 S. 5th St. in Burbank, this multifamily property was recently sold in a closed transaction. The sale was facilitated by brokers Morgan McMullin and Chris Chasin. The property consists of 11 units with a total square footage of 10,998. The sale price for this transaction was $4,620,000, which translates to a per-unit price of $420,000 and a per-square-foot price of $420.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $4,620,000
- Address: 718 S. 5th St.
- Market: Burbank
Faruque Sikder purchased the property from Andy Patel. The deal was successfully closed with the assistance of Morgan McMullin and Chris Chasin, who represented the buyer and seller respectively.
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Details
SOLD
IMAGE: Morgan McMullin & Chris Chasin
DATE: 09/21/2021
ADDRESS: 718 S. 5th St.
MARKET: Burbank
ASSET TYPE: Multifamily
BUYER: Faruque Sikder
SELLER: Andy Patel
BROKERS: Morgan McMullin (@MorgramMcMullin) & Chris Chasin (@ChrisChasin)
SALE PRICE: $4,620,000
UNITS: 11 ~ PPU: $420,000
SF: 10,998 ~ PPSF: $420View on map
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Address718 South 5th Street
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